Brief: China Singyes New Material Says Singyes Solar To Issue 1.69 Bln Subscription Shares

China Shuifa Singyes Energy Holdings

05/06/2019 02:18

June 5 (Reuters) - China Singyes New Material Holdings Ltd
 8073.HK :
    * SINGYES SOLAR TO ISSUE 1.69 BILLION SUBSCRIPTION SHARES AT
HK$0.92 PER SUBSCRIPTION SHARE TO WATER DEVELOPMENT (HK)
    * AGGREGATE AMOUNT OF CONSIDERATION FOR SUBSCRIPTION SHARES
IS
ABOUT HK$1.55 BILLION
    * BOARD OF SINGYES SOLAR PROPOSES $26 MILLION INCREASE IN
AUTHORISED SHARE CAPITAL BY CREATION OF ADDITIONAL 1.40 BILLION
SHARES
    * AGGREGATE AMOUNT OF CONSIDERATION FOR SUBSCRIPTION SHARES
IS
ABOUT HK$1.55 BILLION

Source text for Eikon:  ID:nHKSb7zzty 
Further company coverage:  8073.HK 

 ((Reuters.Briefs@thomsonreuters.com;))